Nexus: Taking “Hybrid” to the NEXT Level

Nexus: Taking “Hybrid” to the NEXT Level






If you’re like me, you probably had not heard of this crypto, or at least not until recently. I had been searching for blockchains that support dApps, and had asked on Twitter in a poll, about some that the community knew of, 




Obviously my first thoughts when it comes to dApps, is Ethereum and TRON being immediate answers. But then my comment section on the poll pointed towards this other crypto, called Nexus.


One major fact that stuck out like a sore thumb, was that the blockchain can be mined (PoW) as well as staked (PoS). I had not actually come across any blockchain quite like that, so I asked on Twitter again, and to my surprise, it actually is a hybrid.




Obviously, the fact that the coin is a hybrid really intrigued me, so I went in to investigate a little bit.




Is it real?


This was my first question, because it was clearly blowing my mind, Let’s first look at the kinds of coins I have used, which would be the typical crypto user as well I think, Bitcoin (PoW), Litecoin (PoW), Trezar (PoS), PIVX (PoS). 




It’s kind of either/or typically and that’s what I have always been used to. So how is Nexus a hybrid?




Well, it can be mined like Bitcoin or Litecoin as well as being staked, and that’s the simplest way of putting it. The Nexus Tritium Wallet has staking built in, but you need to add the mining separately, probably due to whether you want to mine with GPU or CPU.




But yes, it is a long running project with an ROI of 4,827.48% as of writing this and the community seems pretty confident as the developers make an effort not to shill the coin outright.




Thoughts


Obviously, it’s a time-will-tell kind of thing, but I am eager to see where this goes in the meanwhile. 




Something tells me that when more people find the project and start building dApps on it, we will see quite the increase in usage.




Where did I get my info?


Bitcoin Talk Forum: https://bitcointalk.org/index.php?topic=5139744.0


CoinMarketCap: https://coinmarketcap.com/currencies/nexus/


Nexus Official Site: https://nexus.io/












Want to learn more about PoS / PoW?: https://www.uptrennd.com/post-detail/proof-of-work-or-proof-of-stake~MTg5NjA5




Support me with crypto


TRON: TPcv84GLfbh1eyKfM5aeELbfvvTsGWyLPj


NXS: 8CoCkTYauoeTPyZoXhPJmbRfkJquHsCUXHsNC9u5e3x17957Gno


BTC: 1HqVFDdSW8HGuwXwM9DTt1TAJvizBbUHhW

COMMENT

14

Ikechukwu Ndukwe
11 Sep

thank you for this detailed information about the hybrid and its really nice and i will still go through the link to learn more for the next level

3 REPLY

2

Hira Shafi
11 Sep

Please Like back my comments

-1 REPLY

2

Hira Shafi
11 Sep

Please Like back my comments

-1 REPLY

4

Gulzar Ahmed
11 Sep

which comments you post dear

0 REPLY

11

Dr. Yousaf Janni
11 Sep

Wow that's really a great informative post about new crypto dear... 

Its really looking real... 

I'll definitely try it soon.. 

Thanks for sharing such a great information dear really appreciated from deep heart... 

2 REPLY

2

Hira Shafi
11 Sep

Please Like back my comments

0 REPLY

2

Hira Shafi
11 Sep

Please Like back my comments

-1 REPLY

3

Technically Product
11 Sep

Thanks, I didn't know about Nexus. Interesting that the price of NXS has been so stable over the past six months or so - just a gradual increase with an (unsurprising) recent dip.

2 REPLY

7

Rexy Crypto
11 Sep

Yeah, certainly going into my own long-term bag for sure

1 REPLY

1

Fluid Flow
11 Sep

Really nice and easy to understand article! Love #Nexus ! 

2 REPLY

2

Tamoor Alvi
11 Sep

I will study like this and advance my level and work hard

1 REPLY

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